Short Interest in PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Declines By 98.5%

PT Bank Mandiri Persero TBK (OTCMKTS:PPERYGet Free Report) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 141 shares, a drop of 98.5% from the April 30th total of 9,468 shares. Based on an average daily trading volume, of 232,278 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

PT Bank Mandiri Persero TBK Trading Up 1.5%

Shares of PPERY traded up $0.14 during midday trading on Thursday, hitting $9.40. 22,893 shares of the stock were exchanged, compared to its average volume of 127,589. PT Bank Mandiri Persero TBK has a 52-week low of $9.19 and a 52-week high of $13.11. The stock has a fifty day simple moving average of $10.52 and a 200 day simple moving average of $11.37.

PT Bank Mandiri Persero TBK Company Profile

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PT Bank Mandiri (Persero) Tbk is one of Indonesia’s largest banking groups, providing a full range of commercial banking services to corporate, commercial, small and medium-sized enterprises (SMEs) and retail customers. The bank was established in 1998 through a government-led consolidation of four state-owned banks as part of efforts to strengthen the financial system during the Asian financial crisis. Since then it has grown into a diversified financial services franchise offering deposit taking, lending, trade finance, payment and cash management, treasury, and wealth-management services.

Bank Mandiri’s product suite spans traditional retail and corporate banking products — including savings and time deposits, consumer and mortgage loans, working capital and project financing — alongside specialized services such as trade and export-import finance, foreign exchange and treasury solutions, card products, and digital banking channels.

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